True? | CryptoPotato on Binance Square

Trending Articles

Bookmarked and Liked

--

True? 

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

BTC

108,566.84

-0.43%

ETH

2,704.02

+1.30%

1k

0

Explore the latest crypto news

⚡️ Be a part of the latests discussions in crypto

💬 Interact with your favorite creators

👍 Enjoy content that interests you

Email / Phone number

Relevant Creator

@CryptoPotato_official

Explore More From Creator

XRP Stalls as Consolidation Intensifies: Analysis of Ripple's Value XRP finds itself in an extended phase of consolidation, demonstrating neither significant bullish momentum nor clear breakdown confirmation. This situation is reflected in the XRP/USDT and XRP/BTC pairs, where the price action is tightening within clearly defined patterns. Notably, the XRP/USDT price continues to squeeze within a descending channel, with the resistance trendline from the January high remaining unbroken and the horizontal demand zone near $2 acting as strong support. In contrast, the XRP/BTC pair is just above a key support at 2200 SAT, trending lower in a descending channel against horizontal support. The situation implies a bearish bias unless the buyers can surpass 2400 SAT and exit the descending channel. This consolidation and weakening momentum indicate vulnerability to a potential breakdown, especially if Bitcoin initiates a retracement phase.

--

TON's Daily Value Increases 8% While Bitcoin Consistently Holds at $108K (Market Overview) In the last 24 hours, Bitcoin's price dipped to $107,000 several times, but it managed to stay above the mark and currently sits at approximately $108,500. Despite a temporary downturn when US President Donald Trump proposed new tariffs against the EU, Bitcoin has regained some ground and begun another upward trend. Meanwhile, TON has seen a significant rise, ostensibly due to developments involving Telegram and xAI, even though a $300 million partnership between the two is yet to be finalized. TON's price soared from just below $3 to nearly $3.7 before settling at around $3.33, marking an 8% increase. The overall cryptocurrency market remains sluggish, with a total cap of about $3.560 trillion.

--

Long-time Bitcoin Investors Start Moving Their Assets: Are They Cashing in or Strategically Reallocating? As Bitcoin's latest rally starts to wind down, long-term investors are beginning to move their coins again, leading to speculation on whether this is profit-taking or strategic reallocation. Market research firm Glassnode has shown that spending has increased the total volume from one to five-year cohorts to $4.02 billion, the highest since February, with the three to five-year Bitcoin holder cohort leading the latest spending spike with $2.16 billion. However, it remains unclear whether these older Bitcoin holders are collecting profits or reallocating their holdings. This comes as Bitcoin has seen a more than 4% drop from its recent all-time high of $111,970. If these holders are taking profits, Bitcoin could potentially drop below $106,000.

--

Stalled $300M xAI Agreement Puts Telegram in Uncertainty - The Unveiled Reasons Messaging app Telegram is in a complex situation as it attempts to secure a $300M deal with Elon Musk's AI company, xAI, while concurrently raising $1.5B through a bond offering. Telegram's founder, Pavel Durov, announced the deal with xAI, which involves integrating xAI's chatbot across Telegram's platform, but noted that formalities are yet to be completed. The deal with xAI would significantly improve Telegram's financial position through a cash and equity payment and revenue sharing from xAI's platform subscriptions. Simultaneously, Telegram is raising money through a bond offering backed by BlackRock, Mubadala, and Citadel, with plans to use the funds to repurchase outstanding debt from 2021 bonds. The ongoing confusion with xAI has impacted the value of Toncoin, a cryptocurrency linked to a network founded by the Telegram team.

--

Ripple's XRP Surpasses ETH, DOGE, ADA in Key Performance Indicator: Insights Recent data from Santiment suggests that Ripple investors have the second-highest total supply in profit, just behind Bitcoin investors. Despite a lack of significant price movements in the past week, 98.3% of XRP's total supply stands in profit. This puts XRP in a high position in this metric, second only to Bitcoin, whose investors' profits stand slightly higher at 98.4%. Interestingly, XRP's total supply in profit surpasses notable competitors like ETH, DOGE, ADA, and LINK, whose percentages stand at 71.5%, 77.9%, 71%, and 80.5% respectively. However, Santiment warns that high percentages in this metric, as seen with XRP and BTC, might increase the likelihood of profit-taking and short-term pullbacks.

--

Latest News

White House Considers Various Tariff Options

--

Judicial Ruling on Tariffs Expected to Be Overturned

--

Bitcoin's Dominance May Delay Altcoin Season, Says Crypto Influencer

--

Metaplanet Reports Significant Sales Growth Despite Bitcoin Losses

--

China Oil Capital Maintains Distance from Stablecoin Ventures

--

Cookie Preferences

Cookie Preferences